KANSAS CITY, Mo.-- Kansas City Southern (the "Company") (NYSE: KSU - News) held its Annual Meeting of Stockholders today at the Liberty Memorial in Kansas City, Missouri. With 94% of the Company"s outstanding common and preferred stock represented in person or by proxy at the Annual Meeting, the stockholders elected Ms. Karen L. Pletz and Messrs. Terrence P. Dunn and James R. Jones as directors to serve until the Annual Meeting of Stockholders in 2010. The stockholders also ratified the Audit Committee"s selection of KPMG LLP as KCS" independent registered public accounting firm for the year ending December 31, 2007.

In addition, the Board of Directors declared a regular quarterly cash dividend of 25 cents per-share on the outstanding KCS 4% preferred stock. This dividend is payable on July 3, 2007 to 4% preferred stockholders of record at the close of business on June 11, 2007.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding includes KCSR, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, S. de R.L. de C.V., serving northeastern and central Mexico and the port cities of Lazaro Cardenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS" North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Canada and Mexico.